IHS Markit
Overview: Artificial intelligence (AI) is the body of science, algorithms, and machines that are able to perform some version of learning and independent problem solving, based on advanced software and hardware components. Data is also core to AI; large datasets are the foundation for recent performance improvements across market applications. Within the AI field of study are other sub-branches of computer science, including machine learning, neural networks, and deep learning.The speed of development in AI has aided its adoption in several industries—including smartphones, healthcare, and automotive. Likewise, the physical security market is increasingly looking to adopt artificial intelligence applications, in particular in the case of deep learning algorithms in the video surveillance market. In fact, the deep learning enabled recorder market is forecast to account for over 30 percent of total video surveillance recorder market revenues by 2022.
